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BHELMARKET OUTLOOKSTOCK OUTLOOK

Bhel Outlook for the Week (January 29, 2024 – February 02, 2024)

Bhel
Bhel
Bhel closed the previous week on a negative note losing 9.55%.

Technically, Bhel share price will see immediate support at 206.43 and immediate resistance would be seen at 227.63.

If Bhel share price closes below immediate support of 206.43, then sharp breakdown can be seen. Bhel share price will see major support at 192.97 for the week.

On the positive side, immediate resistance will be seen at 227.63. Closing above 227.63, Bhel share price will see a sharp breakout. Major resistance for Bhel share price will be seen at 235.37 for the week.

Trading range for Bhel share price for this week should be between 185.23 on down side and 248.83 on up side.

Bhel Previous Week High: 221.9

Bhel Previous Week Low: 200.7

Bhel Previous Week Range: 21.2 Points

Bhel share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 248.83
Resistance 2 235.37
Resistance 1 227.63
Support 1 206.43
Support 2 192.97
Support 3 185.23
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